Damien Hirst livestreams the burning of $10M in art for NFT project

Damien Hirst livestreams the burning of $10M in art for NFT project

"The Currency" is the name given to Hirst's NFT project which examines the value of digital art versus physical art. Britain’s wealthiest living artist, Damien Hirst, has started setting fire to millions of dollars worth of his own artworks as part of his nonfungible token (NFT) project called “The Currency.”During an Oct. 11 live stream of his London gallery at 12:30pm local time, Hirst burned hundreds of his own “The Currency” artworks, ensuring that they exist only in the form of an NFT moving forward.“The Currency” is the name given to Hirst’s first NFT collection which dropped last....


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Up in smoke: Artist Damien Hirst to burn 4,851 paintings in NFT project

Almost half of the buyers of Hirst’s “The Currency” collection wanted to keep the NFT version. The United Kingdom's reportedly richest living artist, Damien Hirst is set to burn thousands of his paintings as part of a year-long nonfungible token (NFT) project called “The Currency.”Starting in September, visitors to Hirst’s private London museum will be able to view some of his 10,000 oil paintings depicting unique dots he created in 2016 and linked to NFTs in 2021.Buyers of the $2,000 floor-priced NFTs were given the option to keep the token or trade it for the physical painting. The....

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